The massive devaluation of the rouble has seen Fraport AG affected quite heavily by the change in travelling and spending habits of Russians and Ukrainians. Fraport runs the world’s third largest airport at Frankfurt, as well as having other relevant financial investment with a 50% stake in Turkey’s Antalya airport, and a 35.5% stake in […]
Economic downturn in Russia and the Ukraine hits Fraport hard Read More »
PK AirFinance, a GECAS Company, closed two separate senior debt facilities with Republic Airways. PK AirFinance arranged US$81m in secured debt financing for Embraer 170LR aircraft in Republic’s fleet, holding the US$66m senior loan and a junior lender holding the US$15m tranche on the five-and-a-half year package. Separately in late 2014, PK AirFinance closed a five-year, US$30m
Bruce Aerospace has added the Airbus A321 to their list of certified platforms for their popular XLume LED lighting product line. The work was performed by Elbe Flugzeugwerke GmbH (EFW) in Dresden Germany. The product line offers airlines a drop-in replacement for the OEM supplied fluorescent cabin lighting fixtures which enhances the cabin with the environmentally
Having arrived in Hamburg as a former German government aircraft, this very special Airbus A310 has now left Hamburg again in a completely new role. Lufthansa Technik AG has delivered the new Zero-G aircraft to its French owner Novespace following extensive modifications. The former 10+21 “Konrad Adenauer” bearing the registration F-WNOV will operate in the
Lufthansa Technik delivers Zero-G aircraft back to Novespace Read More »
Boeing named Jeff Johnson, vice president, Business Development, Boeing Military Aircraft (BMA). He succeeds Tim Norgart, who recently retired from Boeing. Johnson will be based in St. Louis, Missouri, and report to BMA President Shelley Lavender. Johnson has been president of Boeing Middle East since March 2011, based in the company’s Dubai office. Before that,
Jeff Johnson to Lead Boeing Military Aircraft Business Development Read More »
CIRCOR Aerospace has been recommended for recertification to ISO 9001:2008 + AS9100 C by its registration partner SAI Global, after recently completing a recertification audit with resulting three minor non-conformances. AS9100 is the internationally recognized Quality Management System standard specialized to the aerospace industry. “This achievement shows the CIRCOR Aerospace commitment to quality, customer satisfaction, and
CIRCOR Aerospace & Defense California completes AS9100 Rev C Re-Certification audit Read More »
Finnair signed on December 17th, 2014 a Memorandum of Understanding (MoU) with GOAL German Operating Aircraft Leasing GmbH for the sale and leaseback of three Embraer 190 aircraft. The transaction has now been concluded. The value of the transaction was approximately 60 million euros at current market value and the transaction will not have a
Finnair finalizes sale and leaseback of three Embraer 190 aircraft Read More »
